Commercial Refrigeration

Commercial refrigeration equipment is not only an important part of the food cold chain, but also an important equipment for government departments and commercial organizations to achieve food safety, energy conservation and emission reduction, cost management and quality management. Its economic value and social value have long been recognized by the government and the society.

With the acceleration of China's urbanization process and the gradual cracking of the urban-rural dual structure, various commercial service places are rapidly emerging. Commercial services such as large supermarkets, hotels, restaurants, entertainment clubs and other places are no longer satisfied with the development of big cities. The business is laid out in small and medium-sized cities, and various commercial refrigeration equipment are springing up as they should.

1． Current brand of commercial refrigeration equipment in China.

a. Refrigerator freezer series (in no particular order): Haier, Baixue, Siemens, Stars, Midea, Rongsheng, Samsung, Panasonic, Toshiba, LG, Bosch, Meiling, GE, Hisense, Sanyo, Aucma, Xinfei, etc.

b. Ice machine, ice cream machine, cold drink machine series (in no particular order) - Scottsman, Dongbei, Xingqi, Manitowo (Wan Lido), Bai Xue, Aucma, Sanyo, Bingmei, Ebner, Fushen, Inuit, Shengye, Stars, Litton, etc.

2． Commercial refrigeration equipment development prospects.

a. Driven by the rapid growth of small businesses such as boutique supermarkets and community supermarkets and the rapid development of new retail, the light commercial refrigeration industry has maintained a steady growth trend in recent years. Industry online data shows that 2018 young commercial refrigeration equipment sales of 11.98 million units, an increase of 14.5%, continued to grow in the first quarter of 2019, but affected by Sino-US trade, the export market is expected to slow down in the second half.

b. According to the industry online forecast, although the growth rate of light commercial refrigeration equipment may slow down in the short term, the growth trend will not change. By 2022, the total sales volume of young commercial refrigeration equipment will exceed 18 million units, of which light commercial cabinets are expected to be 14 million, other light commercial equipment is around 4 million units. From the perspective of compound growth rate, light commercial refrigeration equipment is expected to maintain a compound growth of 11%, of which light commercial cabinets are 10%, and other light commercial equipment is expected to be 15%. Specific subdivision products will also show large differences.

All in all, the development prospects of light commercial refrigeration equipment are promising, but there are many varieties of light commercial refrigeration equipment and fierce competition. How to improve product quality, enhance energy efficiency, tap diversified market application space, effectively increase market concentration and standardize industry competition. It is the main focus of the current industry development to stimulate the new vitality of the market.